1124 Lake St Unit 507 Oak Park, IL 60301
2
Beds
3
Baths
--
Sq Ft
$519/mo
HOA Fee
Highlights
- Wood Flooring
- 3-minute walk to Harlem/Lake Station (Green Line)
- Attached Garage
- Oliver W Holmes Elementary School Rated A-
- Balcony
- 3-minute walk to Cummings Square
About This Home
As of April 2023EXTRA LARGE CONDOMINIUM IN THE 1120 CLUB! THIS CONDO IS IN THE BEST LOCATION IN DOWNTOWN OAK PARK. THIS IS A GREAT ALL OWNER OCCUPIED BUILDING IN DOWNTOWN OAK PARK AREA. WALK TO EVERYTHING, SHOPS, RESTAURANTS, CTA GREEN LINE AND MORE! WELL MAINTAINED CONDO WITH HARDWOOD FLOORING THROUGHOUT, EXTRA LARGE CARPETED BEDROOMS. MASTER BEDROOM HAS A SUPER SIZED WALK IN CLOSET. UPGRADED KITCHEN WITH GRANITE COUNTERTOPS, STAINLESS APPLIANCES, FULL SIZE IN UNIT LAUNDRY, LARGE BALCONY. 2 GARAGE PARKING SPACES (#22 & #65), SEPARATE PIN FOR TAXES AND ASSESSMENTS. STORAGE SPACE IN THE GARAGE AREA AS WELL. CONDOMINIUM BUILDING HAS VERY LARGE RESERVES AND IS IN EXCELLENT SHAPE!
Last Agent to Sell the Property
Beaulieu Real Estate License #475141763 Listed on: 09/15/2020
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $11,441
Year Built | Renovated
- 2005 | 2020
HOA Fees
- $519 per month
Parking
- Attached Garage
- Garage Transmitter
- Garage Door Opener
- Parking Included in Price
- Garage Is Owned
Home Design
- Brick Exterior Construction
- Slab Foundation
- Rubber Roof
- Stone Siding
Interior Spaces
- Primary Bathroom is a Full Bathroom
- Storage
- Washer and Dryer Hookup
- Wood Flooring
Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Outdoor Features
- Balcony
Utilities
- Central Air
- Radiant Heating System
- Lake Michigan Water
Community Details
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 7, 2023
Closed on
Mar 27, 2023
Sold by
Li Kailiang and Li Jingheng
Bought by
Atkins Elizabeth
Seller's Agent
Ann Keeney
Baird & Warner
Buyer's Agent
Michael McCallum
Baird & Warner
List Price
$419,000
Sold Price
$395,000
Premium/Discount to List
-$24,000
-5.73%
Views
285
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,780
Avg. Annual Appreciation
6.64%
Original Mortgage
$75,000
Outstanding Balance
$68,190
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$390,301
Purchase Details
Listed on
Sep 15, 2020
Closed on
Dec 18, 2020
Sold by
So Holdings Llc Series V
Bought by
Jia Jingheng and Li Kailiang
Seller's Agent
Jeffrey Steinberg
Beaulieu Real Estate
Buyer's Agent
Maribeth Smith
L.W. Reedy Real Estate
List Price
$425,000
Sold Price
$375,000
Premium/Discount to List
-$50,000
-11.76%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.27%
Original Mortgage
$255,000
Interest Rate
2.71%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 29, 2011
Sold by
F C Pilgrim & Company
Bought by
So Holdings Llc Series V
Purchase Details
Closed on
Aug 29, 2007
Sold by
1120 Club Llc
Bought by
F C Pilgrim & Co
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$429,600
Interest Rate
8.25%
Mortgage Type
Unknown
Similar Homes in Oak Park, IL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $395,000 | None Listed On Document | |
| Warranty Deed | $375,000 | Heritage Title | |
| Warranty Deed | $200,500 | Prairie Title Inc | |
| Special Warranty Deed | $537,000 | Git |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $75,000 | New Conventional | |
| Previous Owner | $255,000 | New Conventional | |
| Previous Owner | $150,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $429,600 | Unknown | |
| Previous Owner | $230,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/14/2023 04/14/23 | Sold | $395,000 | -1.3% | $227 / Sq Ft |
| 02/27/2023 02/27/23 | Price Changed | $400,000 | -4.5% | $230 / Sq Ft |
| 02/07/2023 02/07/23 | For Sale | $419,000 | +11.7% | $241 / Sq Ft |
| 12/23/2020 12/23/20 | Sold | $375,000 | -3.2% | -- |
| 11/20/2020 11/20/20 | Pending | -- | -- | -- |
| 11/13/2020 11/13/20 | Price Changed | $387,500 | -3.1% | -- |
| 11/03/2020 11/03/20 | Price Changed | $399,900 | -3.1% | -- |
| 10/09/2020 10/09/20 | Price Changed | $412,900 | -2.8% | -- |
| 09/15/2020 09/15/20 | For Sale | $425,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $11,441 | $35,096 | $980 | $34,116 |
| 2023 | $7,457 | $35,096 | $980 | $34,116 |
| 2022 | $7,457 | $19,421 | $754 | $18,667 |
| 2021 | $7,267 | $19,420 | $754 | $18,666 |
| 2020 | $7,089 | $19,420 | $754 | $18,666 |
| 2019 | $7,651 | $19,941 | $678 | $19,263 |
| 2018 | $7,364 | $19,941 | $678 | $19,263 |
| 2017 | $7,618 | $21,091 | $678 | $20,413 |
| 2016 | $7,017 | $17,434 | $570 | $16,864 |
| 2015 | $6,287 | $17,434 | $570 | $16,864 |
| 2014 | $6,831 | $20,384 | $570 | $19,814 |
| 2013 | $5,998 | $18,430 | $570 | $17,860 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2023
Ann Keeney
Baird Warner
(708) 267-4795
24 in this area
42 Total Sales
-
Buyer's Agent in 2023
Michael McCallum
Baird Warner
(773) 368-0929
3 in this area
135 Total Sales
-
Buyer Co-Listing Agent in 2023
Becky Mccallum
Baird Warner
(773) 426-1133
1 in this area
65 Total Sales
-
J
Seller's Agent in 2020
Jeffrey Steinberg
Beaulieu Real Estate
(773) 853-2006
5 in this area
71 Total Sales
-
M
Buyer's Agent in 2020
Maribeth Smith
L.W. Reedy Real Estate
1 in this area
18 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10858228
APN: 16-07-119-033-1020
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